Envestnet Asset Management Inc. Has $4.14 Million Position in Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Envestnet Asset Management Inc. lowered its holdings in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 27.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,707 shares of the company’s stock after selling 25,191 shares during the quarter. Envestnet Asset Management Inc. owned 0.20% of Invesco RAFI Developed Markets ex-U.S. ETF worth $4,142,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC acquired a new stake in Invesco RAFI Developed Markets ex-U.S. ETF during the fourth quarter valued at approximately $367,000. Royal Bank of Canada lifted its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.1% during the 1st quarter. Royal Bank of Canada now owns 118,946 shares of the company’s stock worth $6,184,000 after buying an additional 6,833 shares during the period. NewEdge Advisors LLC boosted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 376.7% in the 1st quarter. NewEdge Advisors LLC now owns 2,393 shares of the company’s stock valued at $124,000 after buying an additional 1,891 shares in the last quarter. Jones Financial Companies Lllp grew its position in Invesco RAFI Developed Markets ex-U.S. ETF by 54.9% in the first quarter. Jones Financial Companies Lllp now owns 7,721 shares of the company’s stock valued at $401,000 after acquiring an additional 2,737 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new position in Invesco RAFI Developed Markets ex-U.S. ETF during the first quarter worth $1,306,000.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Performance

Shares of NYSEARCA PXF opened at $74.57 on Tuesday. Invesco RAFI Developed Markets ex-U.S. ETF has a 52-week low of $45.78 and a 52-week high of $75.04. The business has a fifty day moving average of $69.09 and a two-hundred day moving average of $64.42. The stock has a market cap of $2.61 billion, a PE ratio of 12.91 and a beta of 0.82.

About Invesco RAFI Developed Markets ex-U.S. ETF

The Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) is an exchange-traded fund that is based on the FTSE RAFI Developed x US 1000 index. The fund tracks an index of 1,000 of the biggest companies in developed markets outside the US that are selected and weighted based on fundamental measures. PXF was launched on Jun 25, 2007 and is managed by Invesco.